The sugar high of monetary stimulus has become ever sweeter as inflation […]

Real interest rates are too low and if you believe this then […]

TINA, the acronym for “there is no alternative” to buying equities has […]

Market expectations for Fed rate hikes in mid-2022 look misplaced unless this […]

The velocity of money gives us a useful way to view inflation […]

The attached chart supports the view that demand will remain strong despite […]

Recent forecasts by the Fed’s staff in Washington has received much press […]

We expect the Fed to begin its long-awaited tapering process at the […]

A common misconception is that a sustained rise in core inflation over […]